Very low unemployment is not usually desirable because
a. Competition for workers leads to wage increases which can lead to price increases.
b. The more people are employed, the fewer are on welfare.
c. This causes employers to bring in illegal immigrants to fulfill their labor needs.
d. The number of foreign competitors will flood the market with substitute goods.

Answers

Answer 1

Very low unemployment is not usually desirable because competition for workers leads to wage increases which can lead to price increases. Thus, option (a) is correct.

What is unemployment?

The term unemployment refers to the person are not occupied in job activity. The person is searching for job with the basis of qualification, experience, and knowledge basis. Unemployment is the drawback of the economy system.

According to government data, lower unemployment levels suggest that there are more workers, which leads to higher inflation and worse production. There are graphs that indicate the bad outcomes.

Therefore, option (a) is correct.

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Related Questions

Which of the following is true about filling out a job application? Select all that apply.

O do not leave any blank spaces

0 exclude information about being fired from a job

O only submit handwritten job applications

Ouse neat handwriting

Owrite in a list of references​

Answers

Answer: neat writing ,do not leave blank spaces , write in a list of references

Explanation:

which of the following items is most likely a short-term liability?
A. Bonds payable
B. Deferred income taxes
C. Finance lease covering 30-year term
D. Accounts payable

Answers

Account payable items is most likely a short-term liability.

Bonds payable, a 30-year finance lease, and deferred income taxes would all be paid overtime; therefore they are not current obligations.

nonetheless, accounts payable is probably a current liability.

What is finance lease?

A finance company is typically the legal owner of the asset for the duration of the lease in a finance lease, also known as a capital lease or a sales lease. The lessee has operational control over the asset as well as a portion of the financial risks and rewards associated with changes in the value of the underlying asset.

In further detail, it is a business relationship in which

The asset (equipment, software) will be chosen by the lessee (client or borrower);

The lessor (financial institution) will buy that asset;

Throughout the lease, the lessee will have access to that asset;

For the usage of the asset, the lessee will pay a series of rents or payments.

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Gain sharing is an employee benefit that provides

Answers

Gainsharing empowers employees to select how to improve their individual and collective performance. It also broadens employees' attention beyond their personal interests.

Gainsharing a contract that defines the vendor's commitment to the client in terms of particular business advantages. A contract of this type also specifies the payment the client will make based on the vendor's performance in delivering specified business advantages. A profit-sharing plan not only inspires employees to give their best effort, but it also instils in them a sense of accomplishment at work. This has secondary benefits such as fewer staff attrition and, as a result, less time and money spent on training new employees.

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please please please help me

Answers

a) A decrease of 7.9% in material​ (supply-chain) costs is required to yield a profit of $40,000​, for a new material cost of $58,000.

b) An increase of 3.6% in sales is required to yield a profit of $40,000​, for a new level of sales of $145,000.

How are the percentages determined?

For the supply chain improvement, we can increase the profit to $40,000 by reducing the cost of materials to $58,000 ($63,000 - $5,000).

This reduction translates to a 7.9% cost improvement ($5,000/$63,000).

We apply the break-even sales revenue with the target profit for the sales strategy.

This analysis shows that Sales revenue needs to increase to $145,000, which is a 3.6% ($145,000 - $140,000/$140,000) improvement.

Current profit level = $35,000

Expected profit level = $40,000

                                                     Percent     Supply     %               Sales

Current Situation      Amount ($)  of sales     Chain                     Strategy

Sales                          140,000                    $140,000                  $145,000

Cost of material          63,000        (45%)      58,000   41.4%         63,000

Production cost          35,000        (25%)      35,000   25%           35,000

Contribution margin  42,000         (30%)    $47,000   33.6%     $47,000

Fixed cost                    7,000           (5%)         7,000     5%             7,000

Profit                          35,000         (25%)    $40,000   28.6%    $40,000

a) Percentage improvement in supply chain strategy = 7.9% [1 - ($63000 - $5,000/$63,000 x 100)]

The cost of the material with a $40,000, profit will be $58,000 ($63,00 x 1 - 7.9%).

b) Percentage improvement in the sales strategy = 3.6%

Break-even Sales = Fixed Costs + Target Profit/Contribution margin ratio

= $7,000 + $40,000/32.4%

= $25,000/32.4%

= $145,000

Required improvement in the sales strategy = 3.6% ($5,000/$140,000 x 100)

Sales with an improvement of 3.6% = $145,000 ($140,000 x 1.036)

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airlines that offer lower fares on seats shortly before the flight’s departure date to fill empty seats are utilizing what type of pricing tactic?

Answers

Airlines that offer lower fares on seats

shortly before the flight's departure date

to fill empty seats are utilising Dynamic pricing.

Dynamic pricing can be defined as the

situation where a company or business

owner decide to change the price of the

product due to low demand or when the

price of a product is slice down or reduce

due to market demand for such product.

Based on the given scenario the airline is

making use of dynamic pricing due to low patronage so as to attract people.

In conclusion,airlines that offer lower fares on seats shortly before the flight's departure date to fill empty seats are utilising Dynamic pricing.

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